GOLD AND SILVER COMMODITY MADE HIGHEST LOSS 04/JAN/13

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In the opening of commodity market, the mcx commodities are showing moments in their prices and the precious commodities like gold and silver are going down and down in the domestic market. Crude energy commodity and base metal commodities are also trade in red and made loss their prices respectively.

The MCX gold commodity price is showing red and made enough loss. Gold prices had loss of 210 Rs and currently trading in 30735 Rs. Although Gold commodity made loss and decreased by 210 points but it must recover their loss and it has no moments now and looks stable at 11 ‘o’ clock.

Silver prices are down by 1485 points and achieved the highest loss in this month and made the highest loss in last 8 months. Currently silver prices are showing red but now it had no moments it their prices. Silver is trading is 57161 Rs and made loss of 1490 Rs. 

In the base metal segment, Aluminium, copper, zinc, nickel and lead commodities prices is red and looking steady. Copper prices had decreased by 1.55 Rs and trading in 447.85 Rs. Aluminum and Zinc had loss of 0.30 and 0.20 Rs respectively. Nickel is trading in 953.10 with loss 2.30 Rs.

TIPS FOR TODAY: COMMODITY MCX GOLD SILVER TIPS

SELL GOLD5 FEB BELOW @ 30750 TGT 30690, 30650, 30590 SL 30800 

SELL SILVER 5 MAR BELOW @ 57210 TGT 56150, 56100, 56050

SELL CRUDE 21 JAN @ 5060 TGT 5040, 5020, 5000 SL 5090

BUY NATURAL GAS 28 JAN @ 177.50 TGT 179, 180, 181 SL 175

BUY MENTHA OIL 31 JAN @ 1428 TGT 1430, 1433, 1437 SL 1423

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